Vietnam is estimated to export textiles and garments worth over 4.2 billion U.S. dollars in the first seven months of this year, compared with nearly 3.4 billion in the same period of last year, according to a local industry association on Friday. In July alone, the country is set to ship abroad the products worth 840 million dollars, the biggest monthly export revenue so far this year, said the Vietnam Textile and Apparel Association ( Vitas). Vitas has encouraged local garment enterprises to further explore traditional markets such as the United States, the European Union, and Japan, and seek more new ones. It also urged them to focus on building trademarks, strengthening trade promotion, increasing products' quality and improving design, marketing and management.
Vietnam, which posted textile and garment export turnovers of more than 5.8 billion dollars in 2006, has targeted to earn 7 billion dollars from selling garment overseas in 2007, said the association.
Source: Xinhua
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